Page 8 - Purchase Agreement Sample 2023

423 AA. ACKNOWLEDGEMENTS: This is is not a limited agency transaction. Buyer and Seller acknowledge that
424 each has received agency office policy disclosures, has had agency explained, and now confirms all agency relationships.
425 Buyer and Seller further acknowledge that they understand and accept agency relationships involved in this transaction.
426
427 EXPIRATION OF OFFER: Unless accepted in writing by Seller and delivered to Buyer by
428 AM PM Noon, on , this Purchase Agreement shall be null
429 and void and all parties shall be relieved of any and all liability or obligations.
430
431 This Agreement/contract together with any and all subsequent forms, amendments and addenda may be executed
432 simultaneously or in two or more counterparts, each of which shall be deemed an original but all of which together shall
433 constitute one and the same instrument. The parties agree that this Agreement, together with any and all subsequent
434 forms, amendments and addenda may be transmitted between them electronically or digitally. The parties intend that
435 electronically or digitally transmitted signatures constitute original signatures and are binding on the parties. The original
436 documents shall be promptly delivered, if requested.
437
438 LEGAL REMEDIES/DEFAULT: If this offer is accepted and Buyer fails or refuses to close the transaction, without legal
439 cause, the earnest money shall be retained by Seller for damages Seller has or will incur. Seller retains all rights to seek
440 other legal and equitable remedies, which may include specific performance and additional monetary damages. All parties
441 have the legal duty to use good faith and due diligence in completing the terms and conditions of this Agreement. A material
442 failure to perform any obligation under this Agreement is a default which may subject the defaulting party to liability for
443 damages and/or other legal remedies, which, as stated above, may include specific performance and monetary damages in
444 addition to loss of Earnest Money.
445
446 By signature below, the parties verify that they understand and approve this Purchase Agreement and acknowledge
447 receipt of a signed copy.
448
449
450 BUYERS SIGNATURE DATE BUYER'S SIGNATURE DATE
451
452
PRINTED
453 PRINTED S A M P L E
454
455
456 SELLER'S RESPONSE: (Check appropriate paragraph number):
457
458 On , at AM PM Noon
459
460 1. The above offer is Accepted.
461
462 2. The above offer is Rejected.
463
464 3. The above offer is Countered. See Counter Offer. Seller should sign both the Purchase Agreement and the Counter
465 Offer.
466
467
468 By signature below, the parties verify that they understand and approve this Purchase Agreement and acknowledge
469 receipt of a signed copy.
470
471
472 SELLER'S SIGNATURE DATE SELLER'S SIGNATURE DATE
473
474
475 PRINTED PRINTED

Prepared and provided as a member service by the Indiana Association of REALTORS®, Inc. (IAR) This form is
restricted to use by members of IAR. This is a legally binding contract, if not understood seek legal advice.
Form #02. Copyright IAR 2023

(Property Address)
Page 8 of 8 (Purchase Agreement)
COPYRIGHT IAR 2023
Produced with Lone Wolf Transactions (zipForm Edition) 717 N Harwood St, Suite 2200, Dallas, TX 75201 www.lwolf.com